2025
Long-term and Short-term Debt, Maturity, Year Two
Long-term and Short-term Debt, Maturity, Year Two
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Stock Appreciation Rights (SARs)
Stock Appreciation Rights (SARs) [Member]
Variable Rate [Domain]
Variable Rate [Domain]
Changes in fair value recorded in earnings
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Gain (Loss) Included in Earnings
Pay vs Performance Disclosure [Line Items]
Schedule of Accrued Expenses and Other Liabilities
Schedule of Accrued Liabilities [Table Text Block]
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Maximum borrowing capacity
Line of Credit Facility, Maximum Borrowing Capacity
Engineering and product development
Research and Development Expense
Issuances
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Issuances
Net changes in operating assets and liabilities:
Increase (Decrease) in Operating Capital [Abstract]
Underlying Security Market Price Change
Underlying Security Market Price Change, Percent
Residual certificate issued percentage
Debt Instrument, Residual Certificate Issued Percentage
Debt Instrument, Residual Certificate Issued Percentage
Payable to investors
Increase (Decrease) In Payable To Investors
Increase (Decrease) In Payable To Investors
Consecutive trading days
Debt Instrument, Convertible, Threshold Consecutive Trading Days
Award Type [Domain]
Award Type [Domain]
Sale of loans
Sale of loans
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Sales
Unpaid Principal Balance
Beneficial Interests, Unpaid Principal Balance
Beneficial Interests, Unpaid Principal Balance
Fair Value as of Grant Date
Award Grant Date Fair Value
Beginning balance (in shares)
Ending balance (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number
Borrowings
Debt Disclosure [Text Block]
Statement of Stockholders' Equity [Abstract]
Revolving Credit Facility
Revolving Credit Facility [Member]
Variable Interest Entity, Primary Beneficiary
Variable Interest Entity, Primary Beneficiary [Member]
Loan premium and loan trailing fees recognized
Loan Premium Fees and Loan Trailing Fees
Loan Premium Fees and Loan Trailing Fees
MNPI Disclosure Timed for Compensation Value
MNPI Disclosure Timed for Compensation Value [Flag]
Performance-based restricted stock unit outstanding
Performance Shares [Member]
10% adverse change
Sensitivity Analysis of Fair Value, Assets, Impact of 10 Percent Adverse Change in Expected Credit Loss Rates
Sensitivity Analysis of Fair Value, Assets, Impact of 10 Percent Adverse Change in Expected Credit Loss Rates
Annual target bonus opportunity percentage
Annual Target Bonus Opportunity, Percentage Of Salary, Percent
Annual Target Bonus Opportunity, Percentage Of Salary, Percent
Options exercisable
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term
Computer and networking equipment
Computer Equipment [Member]
Restatement Determination Date:
Restatement Determination Date [Axis]
Schedule of Gains (Losses) Recognized on Derivative Instruments Not Designated as Hedging Instruments
Derivatives Not Designated as Hedging Instruments [Table Text Block]
Fair value, beginning balance
Fair value, ending balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value
Weighted-average yield
Debt Securities, Available-for-Sale, Weighted Average Yield
Insider Trading Policies and Procedures [Line Items]
Options exercisable (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Number
Rule 10b5-1 Arrangement Terminated
Rule 10b5-1 Arrangement Terminated [Flag]
Disaggregation of Revenue [Line Items]
Disaggregation of Revenue [Line Items]
Changes in fair value recorded in earnings
Servicing Liability At Fair Value, Gain (Loss) Included In Earnings
Servicing Liability At Fair Value, Gain (Loss) Included In Earnings
Restatement does not require Recovery
Restatement Does Not Require Recovery [Text Block]
Options vested and expected to vest
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value
Schedule of Beneficial Interests
Schedule Of Beneficial Interests [Table Text Block]
Schedule Of Beneficial Interests
Income Taxes
Income Tax Disclosure [Text Block]
Variable Interest Entity [Line Items]
Variable Interest Entity [Line Items]
Dividend yield
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate
Issuance of common stock upon settlement of restricted stock units (in shares)
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures
Customer [Axis]
Customer [Axis]
UAWT Warehouse Credit Facility
UAWT Warehouse Credit Facility [Member]
UAWT Warehouse Credit Facility
200 basis point increase
Sensitivity Analysis of Fair Value, Assets, Impact of 200 Basis Point Increase In Discount Rates
Sensitivity Analysis of Fair Value, Assets, Impact of 200 Basis Point Increase In Discount Rates
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Weighted-Average Grant Date Fair Value Per Share
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Options cancelled and forfeited (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures and Expirations in Period, Weighted Average Exercise Price
Schedule of Servicing Liabilities at Fair Value [Table]
Schedule of Servicing Liabilities at Fair Value [Table]
Net income (loss) per share, diluted (in dollars per share)
Earnings Per Share, Diluted
PEO Total Compensation Amount
PEO Total Compensation Amount
Property, Plant and Equipment [Table]
Property, Plant and Equipment [Table]
Receivable [Domain]
Receivable [Domain]
Options vested and expected to vest, weighted average exercise price per share (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price
Trading Arrangements, by Individual
Trading Arrangements, by Individual [Table]
Fair Value, Inputs, Level 3
Fair Value, Inputs, Level 3 [Member]
Beginning balance (in shares)
Ending balance (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number
Issuance of common stock upon exercise of stock options
Stock Issued During Period, Value, Stock Options Exercised
Trading Symbol
Trading Symbol
Letter of credit outstanding
Letters of Credit Outstanding, Amount
2024
Long-term and Short-term Debt, Maturity, Year One
Long-term and Short-term Debt, Maturity, Year One
Beneficial Interests
Beneficial Interests [Policy Text Block]
Beneficial Interests
Restructuring Plan [Domain]
Restructuring Plan [Domain]
Other changes
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Other Increase (Decrease)
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Other Increase (Decrease)
Non-PEO NEO Average Compensation Actually Paid Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Options granted (in dollars per share)
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Grants in Period, Weighted Average Exercise Price
Weighted average grant date fair value (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
Convertible senior notes
2026 ("Notes")
Twenty Twenty Six Notes [Member]
Twenty Twenty Six Notes
Loan Held For Sale
Loan Held For Sale [Member]
Loan Held For Sale
Net income (loss)
Net income (loss)
Net income (loss)
Net income (loss)
Net Income (Loss)
Secured Overnight Financing Rate
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Credit risk rate
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Expected Credit Losses
Derivative Contract [Domain]
Derivative Contract [Domain]
Fair Value Disclosures [Abstract]
Loans > 90 Days Past Due
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Immediate resale of loans
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Immediate Resale to Investors
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Immediate Resale to Investors
Changed Peer Group, Footnote
Changed Peer Group, Footnote [Text Block]
Company Selected Measure Name
Company Selected Measure Name
Leases
Lessee, Operating Leases [Text Block]
Liabilities and Stockholders’ Equity
Liabilities and Equity [Abstract]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets [Line Items]
Shares available for issuance under employee stock purchase plan
Purchase rights committed under the ESPP
Employee Stock [Member]
Repurchases of stock
Stock Repurchased During Period, Value
Stockholders’ equity:
Equity, Attributable to Parent [Abstract]
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Domain]
Issuance of common stock upon exercise of stock options (in shares)
Options exercised (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period
Servicing Liabilities at Fair Value [Line Items]
Servicing Liabilities at Fair Value [Line Items]
Other Assets [Abstract]
Schedule of Net Income Per Share
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Scott Darling [Member]
Scott Darling
Award vesting period
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period
Executive Category:
Executive Category [Axis]
Schedule of Rollforward of Level 3 Assets
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Accrued expenses and other liabilities at fair value
Accrued Expenses And Other Liabilities, Fair Value Disclosure
Accrued Expenses And Other Liabilities, Fair Value Disclosure
Number of Shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Options exercised (in dollars per share)
Share-Based Compensation Arrangements by Share-Based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price
Name
Measure Name
Name
Forgone Recovery, Individual Name
Shares available for future issuance under 2020 plan
2020 Equity Incentive Plan [Member]
2020 Equity Incentive Plan
Purchase period
Share-Based Compensation Arrangement By Share-based Payment Award, Purchase Period
Share-Based Compensation Arrangement By Share-based Payment Award, Purchase Period
Goodwill
Goodwill
Loans on non-accrual status
Financing Receivable, Threshold Period Past Due
Schedule of Property, Equipment, and Software
Property, Plant and Equipment [Table Text Block]
Equity Components [Axis]
Equity Components [Axis]
Additional 402(v) Disclosure
Additional 402(v) Disclosure [Text Block]
Variable Interest Entity or Potential VIE, Information Unavailability, Disclosures [Abstract]
Variable Interest Entity or Potential VIE, Information Unavailability, Disclosures [Abstract]
Options granted (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross
Underlying Securities
Award Underlying Securities Amount
Entity Small Business
Entity Small Business
2027
Finite-Lived Intangible Asset, Expected Amortization, Year Four
Accrued payroll
Employee-related Liabilities
Total payments due
Outstanding borrowings
Total
Long-term and Short-term Debt, Gross
Long-term and Short-term Debt, Gross
Local Phone Number
Local Phone Number
Recovery of Erroneously Awarded Compensation Disclosure [Line Items]
Percentage of the last reported sale price
Debt Instrument, Convertible, Maximum Percentage Of Product Of Last Reported Sale Price And Conversion Rate
Debt Instrument, Convertible, Maximum Percentage Of Product Of Last Reported Sale Price And Conversion Rate
Conversion Period Two
Conversion Period Two [Member]
Conversion Period Two
Charges-off loans
Financing Receivable, Threshold Period Past Due, Writeoff
Schedule of Shares and Warrants Reserved for Issuance
Schedule of Class of Stock and Warrants or Rights [Table Text Block]
Schedule of Class of Stock and Warrants or Rights
Notional Amount
Derivative, Notional Amount
Accounts Receivable
Accounts Receivable [Member]
Repayments and settlements
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements
Restricted stock units outstanding
Unvested RSUs
Restricted Stock Units (RSUs) [Member]
Schedule of Restricted Stock Units and Restricted Stock
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
Accounts payable
Increase (Decrease) in Accounts Payable, Trade
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
Depreciation
Depreciation
Fair Value Measurement Inputs and Valuation Techniques [Table]
Fair Value Measurement Inputs and Valuation Techniques [Table]
Schedule of Borrowings [Line Items]
Schedule of Borrowings [Line Items]
Schedule of Borrowings [Line Items]
Servicing and other fees, net
Servicing Fees, Net [Member]
Servicing Fees, Net
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Income Statement Location [Axis]
Income Statement Location [Axis]
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Assumption for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Line Items]
Gain on loan servicing arrangement, net
Gain (Loss) On Loan Servicing Arrangements And Sale Of Noncontrolling Interests, Net
Gain (Loss) On Loan Servicing Arrangements And Sale Of Noncontrolling Interests, Net
Expected credit loss rates on underlying loans
Expected Credit Loss Rate [Abstract]
Expected Credit Loss Rate
Shares withheld related to net share settlement of restricted stock units
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation
Asset Pledged as Collateral
Asset Pledged as Collateral [Member]
Loans held-for-investment
Loans Held-For-Investment, Fair Value Disclosure
Loans Held-For-Investment, Fair Value Disclosure
Schedule of Future Minimum Lease Payments
Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]
Weighted-average effect of dilutive securities (in shares)
Weighted Average Number of Shares Outstanding, Diluted, Adjustment
Additional aggregate principal
Debt Instrument, Additional Aggregate Principal
Debt Instrument, Additional Aggregate Principal
Pledged Status [Axis]
Pledged Status [Axis]
Variable Interest Entities
Consolidation, Variable Interest Entity, Policy [Policy Text Block]
Total revenue
Revenues
Schedule of Assets and Liabilities Measured at Fair Value
Fair Value, by Balance Sheet Grouping [Table Text Block]
Engineering and product development
Engineering And Product Development [Member]
Engineering And Product Development
Prodigy Software, Inc.
Prodigy Software, Inc. [Member]
Prodigy Software, Inc.
Fair Value by Liability Class [Domain]
Fair Value by Liability Class [Domain]
Product and Service [Domain]
Product and Service [Domain]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
Other Performance Measure, Amount
Other Performance Measure, Amount
Aggregate Available
Trading Arrangement, Securities Aggregate Available Amount
Schedule of Operating Lease Expense and Supplemental Cash and Non-cash Information
Lease, Cost [Table Text Block]
Cash flows from investing activities
Net Cash Provided by (Used in) Investing Activities [Abstract]
Insider Trading Policies and Procedures Not Adopted
Insider Trading Policies and Procedures Not Adopted [Text Block]
Fair value of options vested during period
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested in Period, Fair Value
Total (in shares)
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount
Award Type [Axis]
Award Type [Axis]
Derivative Instruments and Hedging Activities Disclosure [Abstract]
RSUs granted (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period
Plan Name [Domain]
Plan Name [Domain]
Document Quarterly Report
Document Quarterly Report
Interest expense
Interest Expense
Unrecognized stock-based compensation expense
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
General, administrative, and other
General and Administrative Expense [Member]
Number of shares available for settlement of cancelled awards (in shares)
Share-Based Compensation Arrangement, Awards Cancelled, Settlement In Shares
Share-Based Compensation Arrangement, Awards Cancelled, Settlement In Shares
Total property, equipment, and software
Property, Plant and Equipment, Gross
Options outstanding
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term
Remaining 2023
Finite-Lived Intangible Asset, Expected Amortization, Remainder of Fiscal Year
Trading Arrangement:
Trading Arrangement [Axis]
Less: Present value adjustment
Lessee, Operating Lease, Liability, Undiscounted Excess Amount
Schedule of Components of Interest Income and Fair Value Adjustments, Net
Interest Income and Interest Expense Disclosure [Table Text Block]
Use of Estimates
Use of Estimates, Policy [Policy Text Block]
PEO Actually Paid Compensation Amount
PEO Actually Paid Compensation Amount
Long-term Debt, Type [Domain]
Long-Term Debt, Type [Domain]
Average effect of fair value of hypothetical 20% adverse change in expected credit loss rates
Sensitivity Analysis of Fair Value, Assets, Impact of 20 Percent Adverse Change in Expected Credit Loss Rates, Average
Sensitivity Analysis of Fair Value, Assets, Impact of 20 Percent Adverse Change in Expected Credit Loss Rates, Average
Entity File Number
Entity File Number
Loss Contingencies [Table]
Loss Contingencies [Table]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]
Unamortized debt discount
Debt Instrument, Unamortized Discount
Discount rate
Measurement Input, Discount Rate [Member]
Net cash proceeds
Proceeds from (Repayments of) Debt
Customer operations
Customer Operations [Member]
Customer Operations
Schedule of Other Assets
Schedule of Other Assets [Table Text Block]
Collection agency fees
Collection Agency Fees [Member]
Collection Agency Fees
Accounts payable
Accounts Payable
Issuance of common stock under employee stock purchase plan (in shares)
Stock Issued During Period, Shares, Employee Stock Purchase Plans
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Entity Shell Company
Entity Shell Company
2026
Lessee, Operating Lease, Liability, to be Paid, Year Three
20% adverse change
Sensitivity Analysis of Fair Value, Assets, Impact of 20 Percent Adverse Change in Expected Prepayment Rates
Sensitivity Analysis of Fair Value, Assets, Impact of 20 Percent Adverse Change in Expected Prepayment Rates
Business Acquisition, Acquiree [Domain]
Business Acquisition, Acquiree [Domain]
Risk free rate, minimum
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment [Line Items]
Net carrying value
Finite-Lived Intangible Assets, Net
Recently Adopted Accounting Pronouncements
New Accounting Pronouncements, Policy [Policy Text Block]
Restatement Determination Date
Restatement Determination Date
Total interest income and fair value adjustments, net
Revenue Not from Contract with Customer
Schedule Of Beneficial Interest [Table]
Schedule Of Beneficial Interest [Table]
Schedule Of Beneficial Interest
Counterparty Name [Domain]
Counterparty Name [Domain]
Rule 10b5-1 Arrangement Adopted
Rule 10b5-1 Arrangement Adopted [Flag]
Schedule of Restructuring and Related Costs [Table]
Schedule of Restructuring and Related Costs [Table]
Cash and restricted cash at beginning of period
Cash and restricted cash at end of period
Total cash and restricted cash
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents
Accumulated amortization
Finite-Lived Intangible Assets, Accumulated Amortization
Asset Class [Axis]
Asset Class [Axis]
2025
Lessee, Operating Lease, Liability, to be Paid, Year Two
Stock Price or TSR Estimation Method
Stock Price or TSR Estimation Method [Text Block]
Variable lease payments
Variable Lease, Cost
Denominator:
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Rent expense
Operating Lease, Cost
Common stock, issued (in shares)
Common Stock, Shares, Issued
Notes receivable and residual certificates
Notes Receivable, Fair Value Disclosure
RSUs vested (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period
Schedule of Fair Value Sensitivity of Loan Servicing Assets and Liabilities to Adverse Changes in Key Assumptions
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table Text Block]
Schedule of Stock Options Fair Value Assumptions
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
Security Exchange Name
Security Exchange Name
Total assets
Assets, Fair Value Disclosure
Trailing fees liability, measurement input
Trailing Fees Liability, Measurement Input
Trailing Fees Liability, Measurement Input
Options issued and outstanding
Options to purchase common stock
Employee Stock Option [Member]
Derivative Financial Instruments
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Debt Instrument Conversion [Axis]
Debt Instrument Conversion [Axis]
Debt Instrument Conversion
Common stock
Common Class A [Member]
Period of recognition
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition
Maximum
Maximum [Member]
January 2023 Plan
January 2023 Plan [Member]
January 2023 Plan
Financing Receivable Portfolio Segment [Domain]
Financing Receivable Portfolio Segment [Domain]
Document Type
Document Type
Tabular List, Table
Tabular List [Table Text Block]
Realized loss on sale of loans, net
Realized Gain (Loss) on Transfer Of Loans, Net
Realized Gain (Loss) on Transfer Of Loans, Net
Entity Address, Address Line One
Entity Address, Address Line One
Entity Address, Address Line Two
Entity Address, Address Line Two
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Sensitivity Analysis of Fair Value of Interests Continued to be Held by Transferor, Servicing Assets or Liabilities, Impact of Adverse Change in Assumption [Line Items]
Accrued expenses and other liabilities (includes $8,820 and $6,927 at fair value as of December 31, 2022 and June 30, 2023, respectively)
Accrued expenses and other liabilities
Total accrued expenses and other liabilities
Accrued Liabilities and Other Liabilities
Maximum Exposure to Losses
Variable Interest Entity, Reporting Entity Involvement, Maximum Loss Exposure, Amount
Receivable Type [Axis]
Receivable Type [Axis]
Antidilutive Securities, Name [Domain]
Antidilutive Securities, Name [Domain]
Subsequent Event [Table]
Subsequent Event [Table]
Stockholders’ Equity
Share-Based Payment Arrangement [Text Block]
Contract costs capitalized
Capitalized Contract Cost, Net
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
Other
Other Noncash Income (Expense)
Servicing fees and other receivables
Accrued Fees and Other Revenue Receivable
Weighted-Average Exercise Price Per Share
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Business Acquisition [Axis]
Business Acquisition [Axis]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Subsequent Event
Subsequent Event [Member]
Customer B
Customer B [Member]
Customer B
Derivative [Table]
Derivative [Table]
Total interest income and fair value adjustments, net
Interest Income And Fair Value Adjustment, Net
Interest Income And Fair Value Adjustment, Net
Customer Concentration Risk
Customer Concentration Risk [Member]
Schedule of Acquired Intangible Assets
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Variable Rate [Axis]
Variable Rate [Axis]
Discount rates
Discount Rate [Abstract]
Discount Rate
Income Statement [Abstract]
Title of 12(b) Security
Title of 12(b) Security
Restructuring Cost and Reserve [Line Items]
Restructuring Cost and Reserve [Line Items]
Valuation Approach and Technique [Axis]
Valuation Approach and Technique [Axis]
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Adopted [Flag]
Interest income
Interest Income, Operating
Loss Contingency, Nature [Domain]
Loss Contingency, Nature [Domain]
Capitalized cost amortization term
Capitalized Contract Cost, Amortization Period
Loan receivable, measurement input
Loans Receivable, Measurement Input
Loans Receivable, Measurement Input
Prepayment rate
Measurement Input, Prepayment Rate [Member]
Aggregate Erroneous Compensation Not Yet Determined
Aggregate Erroneous Compensation Not Yet Determined [Text Block]
Unvested (in dollars per share)
Beginning balance (in dollars per share)
Ending balance (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value
Class of Stock [Line Items]
Class of Stock [Line Items]
Remaining 2023
Long-term and Short-term Debt, Maturity, Remainder Of Fiscal Year
Long-term and Short-term Debt, Maturity, Remainder Of Fiscal Year
Income Tax Disclosure [Abstract]
Schedule of Level 3 Fair Value Assumptions for Loan Servicing Assets and Liabilities
Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Table Text Block]
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Expense of Enforcement, Amount
Trailing Fee Liabilities
Trailing Fee Liabilities [Member]
Trailing Fee Liabilities
Servicing Liability at Fair Value, Amount [Roll Forward]
Servicing Liability at Fair Value, Amount [Roll Forward]
Share-Based Payment Arrangement [Abstract]
Entity Tax Identification Number
Entity Tax Identification Number
Thereafter
Long-term and Short-term Debt, Maturity, After Year Four
Long-term and Short-term Debt, Maturity, After Year Four
Borrowings
Borrowings
Total borrowings
Debt, Long-Term and Short-Term, Combined Amount
Customer A
Customer A [Member]
Customer A
Conversion Period One
Conversion Period One [Member]
Conversion Period One
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Capitalized stock-based compensation expense
Share-Based Payment Arrangement, Amount Capitalized
20% market-servicing rates increase
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 20 Percent Increase In Market-Servicing Rates
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 20 Percent Increase In Market-Servicing Rates
Entity Interactive Data Current
Entity Interactive Data Current
Disaggregation of Revenue [Table]
Disaggregation of Revenue [Table]
Convertible notes payable
Convertible Notes Payable
Total Shareholder Return Amount
Total Shareholder Return Amount
Schedule Of Beneficial Interest [Line Items]
Schedule Of Beneficial Interest [Line Items]
Schedule Of Beneficial Interest
Repurchases of common stock
Payments for Repurchase of Common Stock
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Adjustment To PEO Compensation, Footnote
Adjustment To PEO Compensation, Footnote [Text Block]
Platform and referral fees, net
Platform And Referral Fees, Net [Member]
Platform And Referral Fees, Net
Supplemental disclosures of non-cash investing and financing activities
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Notes receivable and residual certificates (at fair value)
Notes Receivable And Residual Certificates [Member]
Notes Receivable And Residual Certificates
Schedule of Borrowings [Table]
Schedule of Borrowings [Table]
Schedule of Borrowings [Table]
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity, Not Primary Beneficiary [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Accumulated deficit
Retained Earnings (Accumulated Deficit)
Measure:
Measure [Axis]
Restricted stock issued (in shares)
Stock Issued During Period, Shares, Restricted Stock Award, Gross
Commitments and Contingencies Disclosure [Abstract]
Name
Outstanding Recovery, Individual Name
Aggregate principal amount
Debt Instrument, Face Amount
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Schedule of Collection Agency and Borrower Fees
Schedule Of Fees And Commissions [Table Text Block]
Schedule Of Fees And Commissions
Leases [Abstract]
Beneficial Interests [Abstract]
Beneficial Interests
Reorganizations [Abstract]
Entity Address, State or Province
Entity Address, State or Province
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Counterparty Name [Axis]
Counterparty Name [Axis]
Derivative Financial Instruments
Derivatives, Policy [Policy Text Block]
Prepayment rate
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed
Cash flows from operating activities
Net Cash Provided by (Used in) Operating Activities [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Customer C
Customer C [Member]
Customer C
2024
Finite-Lived Intangible Asset, Expected Amortization, Year One
Cash paid for amounts included in the measurement of lease liabilities
Operating Lease, Payments
Common stock, outstanding (in shares)
Beginning balance (in shares)
Ending balance (in shares)
Common Stock, Shares, Outstanding
Initial conversion price (in dollars per share)
Debt Instrument, Convertible, Conversion Price
Initial conversion rate (in shares)
Debt Instrument, Convertible, Conversion Ratio
Loans Held For Investment
Loans Held For Investment [Member]
Loans Held For Investment
PEO
PEO [Member]
Maximum estimate of potential loss
Loss Contingency, Estimate of Possible Loss
Notes receivable and residual certificates (at fair value)
Other Receivables
Reclassification of loans
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Reclassification
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Reclassification
10% market-servicing rates increase
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 10 Percent Increase In Market-Servicing Rates
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets, Impact of 10 Percent Increase In Market-Servicing Rates
Conversion price maximum threshold
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger
Asset Class [Domain]
Asset Class [Domain]
Schedule of Variable Interest Entities [Table]
Schedule of Variable Interest Entities [Table]
Customer operations
Customer Operations Expense
Customer Operations Expense
Common stock, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Class of Stock [Domain]
Class of Stock [Domain]
Net cash used in investing activities
Net Cash Provided by (Used in) Investing Activities
Customer [Domain]
Customer [Domain]
Number of Options
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Debt Instrument [Axis]
Debt Instrument [Axis]
Change in fair value of financial instruments
Increase (Decrease) in Financial Instruments Used in Operating Activities
Outstanding Aggregate Erroneous Compensation Amount
Outstanding Aggregate Erroneous Compensation Amount
Effective tax rate
Effective Income Tax Rate Reconciliation, Percent
Repayments of borrowings
Repayments of Debt
Operating lease liabilities
Operating lease liabilities
Operating Lease, Liability
Measurement Input Type [Domain]
Measurement Input Type [Domain]
Credit Facility [Axis]
Credit Facility [Axis]
Impairment Of Intangible Assets
Impairment Of Intangible Assets [Member]
Impairment Of Intangible Assets
Schedule of Maturities of All Borrowings
Schedule of Maturities of Long-Term Debt [Table Text Block]
Total liabilities
Liabilities
Liabilities
Expected volatility
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate
Total Shareholder Return Vs Peer Group
Total Shareholder Return Vs Peer Group [Text Block]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Amount
Shares reserved of common stock for issuance (in shares)
Common Stock, Capital Shares Reserved for Future Issuance
All Executive Categories
All Executive Categories [Member]
Discount rate
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate
Non-Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted [Flag]
100 basis point increase
Sensitivity Analysis of Fair Value, Assets, Impact of 100 Basis Point Increase In Discount Rates
Sensitivity Analysis of Fair Value, Assets, Impact of 100 Basis Point Increase In Discount Rates
Loss contingency, ownership loan facilitated term
Loss Contingency, Ownership Loan Facilitated Term
Loss Contingency, Ownership Loan Facilitated Term
Plan Name [Axis]
Plan Name [Axis]
Schedule of Servicing Assets at Fair Value [Table]
Schedule of Servicing Assets at Fair Value [Table]
Beneficial Interests
Beneficial Interest Disclosure [Text Block]
Beneficial Interest Disclosure
Capitalized software costs
Payments for Software
Debt Disclosure [Abstract]
Long-Lived Tangible Asset [Domain]
Long-Lived Tangible Asset [Domain]
Accrued interest income
Financing Receivable, Accrued Interest, after Allowance for Credit Loss
Earnings Per Share [Abstract]
Schedule of Financial Assets and Liabilities from Variable Interest Entities
Schedule of Variable Interest Entities [Table Text Block]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
10% market-servicing rates increase
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Liabilities, Impact of 10 Percent Increase In Market-Servicing Rates
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Liabilities, Impact of 10 Percent Increase In Market-Servicing Rates
Sales and marketing
Selling and Marketing Expense
Common stock, $0.0001 par value; 700,000,000 shares authorized; 81,259,676 and 83,811,484 shares issued and outstanding as of December 31, 2022 and June 30, 2023, respectively
Common Stock, Value, Issued
Redemption price (in percent)
Debt Instrument, Redemption Price, Percentage
General, administrative, and other
General and Administrative Expense
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principal payments received for loans held-for-investment
Proceeds from Principal Repayment, Loan and Lease, Held-for-Investment
Awards Close in Time to MNPI Disclosures, Table
Awards Close in Time to MNPI Disclosures [Table Text Block]
Beneficial Interests
Beneficial Interests [Member]
Beneficial Interests
Sale of loans
Servicing Liability at Fair Value, Additions
Schedule of Rollforward of Level 3 Liabilities
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block]
Revenue from Contract with Customer [Abstract]
Restricted cash
Restricted cash
Restricted cash pledged as collateral
Restricted Cash
All Individuals
All Individuals [Member]
Supplemental disclosures of cash flow information
Supplemental Cash Flow Information [Abstract]
Amortization expense
Amortization
Other income, net
Other Nonoperating Income (Expense)
Entity Filer Category
Entity Filer Category
Loan purchase obligation
Purchase Obligation
Net fair value and accrued interest adjustments
Financing Receivable, Allowance for Credit Loss
Restructuring Type [Axis]
Restructuring Type [Axis]
Interest rate caps
Interest Rate Cap [Member]
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Total Compensation Amount
Other liabilities
Other Liabilities
Schedule of Stock Option Activity
Schedule of Stock Options Roll Forward [Table Text Block]
Statement [Table]
Statement [Table]
Schedule of Sensitivity Analysis of Fair Value
Schedule of Sensitivity Analysis of Fair Value [Table Text Block]
Schedule of Sensitivity Analysis of Fair Value
Current Fiscal Year End Date
Current Fiscal Year End Date
Authorized share repurchase amount
Stock Repurchase Program, Authorized Amount
Goodwill and Intangible assets
Goodwill and Intangible Assets Disclosure [Text Block]
Repurchases of stock (in shares)
Stock Repurchased During Period, Shares
2026
Long-term and Short-term Debt, Maturity, Year Three
Long-term and Short-term Debt, Maturity, Year Three
Schedule of Effective Tax Rates
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
PEO Name
PEO Name
Expected volatility, minimum
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum
Concentration risk (in percent)
Concentration Risk, Percentage
Expected reduction in workforce, percent
Restructuring and Related Cost, Expected Number of Positions Eliminated, Percent
Restructuring and Related Cost, Expected Number of Positions Eliminated, Percent
Fair value, beginning balance
Fair value, ending balance
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value
Schedule of Servicing Assets at Fair Value Rollforward
Schedule of Servicing Assets at Fair Value [Table Text Block]
2027
Long-term and Short-term Debt, Maturity, Year Four
Long-term and Short-term Debt, Maturity, Year Four
RSUs granted (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value and other adjustments
Total fair value and other adjustments, net
Fair Value And Other Adjustments, Net
Fair Value And Other Adjustments, Net
Proceeds from issuance of common stock under employee stock purchase plan
Proceeds, Issuance of Shares, Share-Based Payment Arrangement, Excluding Option Exercised
Net cash provided by (used in) operating activities
Net Cash Provided by (Used in) Operating Activities
Options exercisable
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value
Schedule of Expected Future Amortization Expense
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Class of Stock [Axis]
Class of Stock [Axis]
Erroneously Awarded Compensation Recovery
Erroneously Awarded Compensation Recovery [Table]
Purchase of non-marketable equity securities
Payments to Acquire Other Investments
20% market-servicing rates increase
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Liabilities, Impact of 20 Percent Increase In Market-Servicing Rates
Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Liabilities, Impact of 20 Percent Increase In Market-Servicing Rates
Repayments received
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Repayments Received
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Repayments Received
Depreciation and amortization
Depreciation, Depletion and Amortization
Less: Tenant improvement receivables
Lessee Operating Lease Liability Tenant Improvement Receivable
Lessee Operating Lease Liability Tenant Improvement Receivable
Furniture and fixtures
Furniture and Fixtures [Member]
Stated interest rate
Debt Instrument, Interest Rate, Stated Percentage
Award Timing, How MNPI Considered
Award Timing, How MNPI Considered [Text Block]
Statement of Financial Position [Abstract]
Total stockholders’ equity
Beginning balance
Ending balance
Net Assets
Equity, Attributable to Parent
Loans (at fair value)
Loans (at fair value)
Fair value
Financing Receivable, after Allowance for Credit Loss
Maximum advance rate (in percent)
Line Of Credit Facility, Maximum Advance Rate
Line Of Credit Facility, Maximum Advance Rate
Schedule of Finite-Lived Intangible Assets [Table]
Schedule of Finite-Lived Intangible Assets [Table]
Primary Beneficiary
Primary Beneficiary [Member]
Primary Beneficiary
Repayments and settlements
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements
Restricted Stock
Restricted Stock [Member]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Schedule of Significant Unobservable Inputs
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Finite-Lived Intangible Assets, Major Class Name [Domain]
Finite-Lived Intangible Assets, Major Class Name [Domain]
Schedule of Stock by Class [Table]
Schedule of Stock by Class [Table]
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Axis]
Concentration Risk Type [Axis]
Concentration Risk Type [Axis]
Expected term (in years)
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Term
Subsequent Events [Abstract]
Variable Interest Entities
Variable Interest Entity Disclosure [Text Block]
Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Table]
Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Table]
Loan servicing assets
Fair value of loan servicing assets
Fair value, beginning balance
Fair value, ending balance
Loan servicing assets (at fair value)
Servicing Asset at Fair Value, Amount
Non-marketable equity securities
Equity Securities without Readily Determinable Fair Value, Amount
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table]
Financing Receivable, Past Due [Line Items]
Financing Receivable, Past Due [Line Items]
Reorganization Expenses
Restructuring and Related Activities Disclosure [Text Block]
Long-Lived Tangible Asset [Axis]
Long-Lived Tangible Asset [Axis]
Loss contingency, new claims filed, number
Loss Contingency, New Claims Filed, Number
UAWT Benchmark Rate
UAWT Benchmark Rate [Member]
UAWT Benchmark Rate
Fair Value, Inputs, Level 2
Fair Value, Inputs, Level 2 [Member]
Entity Emerging Growth Company
Entity Emerging Growth Company
Capped call cover (in shares)
Debt Instrument, Convertible, Capped Calls Number Of Shares Of Common Stock Covered
Debt Instrument, Convertible, Capped Calls Number Of Shares Of Common Stock Covered
Intangible assets, net
Intangible Assets, Net (Excluding Goodwill)
Effective interest rate
Debt Instrument, Interest Rate, Effective Percentage
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Named Executive Officers, Footnote
Named Executive Officers, Footnote [Text Block]
Loans held-for-sale
Loan, Held-for-Sale, Fair Value Disclosure
Document Fiscal Period Focus
Document Fiscal Period Focus
Trading days
Debt Instrument, Convertible, Threshold Trading Days
Loans (at fair value)
Loans Receivable [Member]
2024
Lessee, Operating Lease, Liability, to be Paid, Year One
Unvested PRSUs
Performance Restricted Stock Units (PRSU's) [Member]
Performance Restricted Stock Units (PRSU's)
Accrued expenses and other liabilities
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities
Pay vs Performance Disclosure, Table
Pay vs Performance [Table Text Block]
Antidilutive Securities [Axis]
Antidilutive Securities [Axis]
2027
Lessee, Operating Lease, Liability, to be Paid, Year Four
Title
Trading Arrangement, Individual Title
Options outstanding (in dollars per share)
Options outstanding (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price
Stock-based compensation
Share-Based Payment Arrangement, Noncash Expense
Weighted Average
Weighted Average [Member]
Warehouse credit facilities
Warehouse Credit Facility [Member]
Warehouse Credit Facility
Non-cash interest expense
Paid-in-Kind Interest
Common Stock
Common Stock [Member]
Individual:
Individual [Axis]
Operating lease liability and right-of-use asset
Increase (Decrease) In Operating Lease Liability And Right of Use Asset
Increase (Decrease) In Operating Lease Liability And Right of Use Asset
City Area Code
City Area Code
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Financial Asset, Period Past Due [Domain]
Financial Asset, Aging [Domain]
Purchase of loans for immediate resale
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchase Of Loans For Immediate Resale To Investors
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchase Of Loans For Immediate Resale To Investors
Product and Service [Axis]
Product and Service [Axis]
Net Income (Loss) Per Share
Earnings Per Share [Text Block]
Expected reduction in workforce, number of employees
Restructuring and Related Cost, Expected Number of Positions Eliminated
Income Statement Location [Domain]
Income Statement Location [Domain]
Valuation Technique, Discounted Cash Flow
Valuation Technique, Discounted Cash Flow [Member]
Document Fiscal Year Focus
Document Fiscal Year Focus
Conversion Period Three
Conversion Period Three [Member]
Conversion Period Three
Minimum
Minimum [Member]
Property, equipment, and software, net
Total property, equipment, and software, net
Property, Plant and Equipment, Net
Exercise Price
Award Exercise Price
Finite-Lived Intangible Assets by Major Class [Axis]
Finite-Lived Intangible Assets by Major Class [Axis]
Gains (losses) recognized
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net
Cash
Cash
Cash
Cash
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table]
Schedule of Sensitivity Analysis of Fair Value, Transferor's Interests in Transferred Financial Assets [Table]
Statement of Cash Flows [Abstract]
Assets
Assets
Assets [Abstract]
Award Timing MNPI Disclosure
Award Timing MNPI Disclosure [Text Block]
Trailing fee liability (at fair value)
Trailing Fee Liability At Fair Value, Amount
Trailing Fee Liability At Fair Value, Amount
Goodwill and Intangible Assets Disclosure [Abstract]
Total liabilities
Liabilities, Fair Value Disclosure
Taxes paid related to net share settlement of equity awards
Payment, Tax Withholding, Share-Based Payment Arrangement
Liabilities:
Liabilities
Liabilities [Abstract]
Borrower fees
Borrower Fees [Member]
Borrower Fees
Gross debt issuance cost
Debt Issuance Costs, Gross
Cash (received) paid for income taxes, net
Income Taxes Paid, Net
Net cash provided by (used in) financing activities
Net Cash Provided by (Used in) Financing Activities
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Loan Servicing Liabilities
Loan Servicing Liabilities [Member]
Loan Servicing Liabilities
Developed technology
Developed Technology Rights [Member]
Retained Earnings (Accumulated Deficit)
Retained Earnings [Member]
Schedule of Stock-based Compensation Expense
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table Text Block]
Adjustment to Non-PEO NEO Compensation Footnote
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Total liabilities and stockholders’ equity
Liabilities and Equity
10% adverse change
Sensitivity Analysis of Fair Value, Assets, Impact of 10 Percent Adverse Change in Expected Prepayment Rates
Sensitivity Analysis of Fair Value, Assets, Impact of 10 Percent Adverse Change in Expected Prepayment Rates
Peer Group Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
Risk-free interest rate
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate
Net income (loss) per share, basic (in dollars per share)
Earnings Per Share, Basic
Operating lease right of use assets
Operating Lease, Right-of-Use Asset
Unrecognized stock-based compensation expense related to unvested stock options
Share-Based Payment Arrangement, Nonvested Award, Option, Cost Not yet Recognized, Amount
Issuance of common stock under employee stock purchase plan
Stock Issued During Period, Value, Employee Stock Purchase Plan
Accounting Policies [Abstract]
Purchase of loans held-for-investment
Payment for Acquisition, Loan, Held-for-Investment
Equity Valuation Assumption Difference, Footnote
Equity Valuation Assumption Difference, Footnote [Text Block]
Risk free rate, maximum
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum
Erroneous Compensation Analysis
Erroneous Compensation Analysis [Text Block]
Expected volatility, maximum
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum
Remaining 2023
Lessee, Operating Lease, Liability, to be Paid, Remainder of Fiscal Year
Aggregate intrinsic value of options exercised
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period, Intrinsic Value
Deposits
Deposits Assets
Arrangement Duration
Trading Arrangement Duration
Debt Instrument Conversion [Domain]
Debt Instrument Conversion [Domain]
Debt Instrument Conversion [Domain]
Entity Address, City or Town
Entity Address, City or Town
Award Timing MNPI Considered
Award Timing MNPI Considered [Flag]
Beneficial interests (at fair value)
Fair Value
Fair value of beneficial interests
Beneficial Interest Asset, Net
Beneficial Interest Asset, Net
Unrealized loss, charge-offs, and other adjustments, net
Unrealized Gain (Loss), Charge-Offs, And Other Fair Value Adjustments, Net
Unrealized Gain (Loss), Charge-Offs, And Other Fair Value Adjustments, Net
Internally developed software impairment
Capitalized Computer Software, Impairments
Options vested and expected to vest
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term
Basis of Consolidation
Consolidation, Policy [Policy Text Block]
Balance Sheet Components
Supplemental Balance Sheet Disclosures [Text Block]
Proceeds from borrowings
Proceeds from Issuance of Debt
Reorganization expenses
Restructuring Charges
Document Transition Report
Document Transition Report
Award Timing Predetermined
Award Timing Predetermined [Flag]
Schedule of Assets Pledge as Collateral
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]
Stock repurchase program, remaining authorized repurchase amount (in dollars per share)
Stock Repurchase Program, Remaining Authorized Repurchase Amount
Fair value of convertible senior notes
Convertible Debt, Fair Value Disclosures
Termination Date
Trading Arrangement Termination Date
ULT Warehouse Credit Facility
ULT Warehouse Credit Facility [Member]
ULT Warehouse Credit Facility
Common stock, authorized (in shares)
Common Stock, Shares Authorized
Financing Receivable, Past Due [Table]
Financing Receivable, Past Due [Table]
Principal payments received for notes receivable and repayments of residual certificates
Proceeds from Collection of Notes Receivable
Financial Asset, Period Past Due [Axis]
Financial Asset, Aging [Axis]
Schedule of Customers Accounting for Greater Than 10% of Accounts Receivable
Schedule of Revenue by Major Customers by Reporting Segments [Table Text Block]
Acquisition of beneficial interests
Acquisition Of Beneficial Interests
Acquisition Of Beneficial Interests
Derivative Instrument [Axis]
Derivative Instrument [Axis]
Other assets at fair value
Other Assets, Fair Value Disclosure
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Liability Class [Axis]
Liability Class [Axis]
All Trading Arrangements
All Trading Arrangements [Member]
Notes Receivable
Notes Receivable [Member]
Measurement Input Type [Axis]
Measurement Input Type [Axis]
All Adjustments to Compensation
All Adjustments to Compensation [Member]
Derivative [Line Items]
Derivative [Line Items]
Award Timing Disclosures [Line Items]
Compensation Amount
Outstanding Recovery Compensation Amount
Average effect on fair value of a 200 basis point increase in discount rates
Sensitivity Analysis of Fair Value, Assets, Impact of 200 Basis Point Increase In Discount Rates, Average
Sensitivity Analysis of Fair Value, Assets, Impact of 200 Basis Point Increase In Discount Rates, Average
20% adverse change
Sensitivity Analysis of Fair Value, Assets, Impact of 20 Percent Adverse Change in Expected Credit Loss Rates
Sensitivity Analysis of Fair Value, Assets, Impact of 20 Percent Adverse Change in Expected Credit Loss Rates
Payable to investors
Payable To Investors
Payable To Investors
Additional paid-in capital
Additional Paid in Capital
Proceeds from sale of loans held-for-investment
Proceeds from Sale, Loan, Held-for-Investment
Convertible debt
Convertible Debt Securities [Member]
Aggregate Intrinsic Value
Share Based Compensation Arrangement By Share Based Payment Award Options Aggregate Intrinsic Value [Abstract]
Share Based Compensation Arrangement By Share Based Payment Award Options Aggregate Intrinsic Value
Derivative financial instruments
Fair Value
Interest rate caps
Derivative Asset
RSUs cancelled and forfeited (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value
Value of restricted stock issued
Stock Issued During Period, Value, Restricted Stock Award, Gross
Credit risk rate
Measurement Input, Entity Credit Risk [Member]
Loans
Fair value of loans
Aggregate fair value of loans purchased and held by UAWT
Loans Receivable, Fair Value Disclosure
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Restructuring Plan [Axis]
Restructuring Plan [Axis]
Proceeds from exercise of stock options
Proceeds from Stock Options Exercised
Pledged Status [Domain]
Pledged Status [Domain]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Table]
Convertible Debt
Convertible Debt [Member]
Auto Loans
Auto Loans [Member]
Auto Loans
2026
Finite-Lived Intangible Asset, Expected Amortization, Year Three
RSUs cancelled and forfeited (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period
Market-servicing rate
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Market Servicing Rate
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Market Servicing Rate
Outstanding principal balance
Aggregate outstanding principal of loans pledged as collateral
Financing Receivable, before Allowance for Credit Loss
Insider Trading Arrangements [Line Items]
Other assets
Other Assets, Miscellaneous
Net income (loss) before income taxes
Income (Loss) Attributable to Parent, before Tax
Balances aggregate intrinsic value
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value
Other assets (includes $42,648 and $47,585 at fair value as of December 31, 2022 and June 30, 2023, respectively)
Other assets (includes $2,244 and $11,039 at fair value as of December 31, 2022 and June 30, 2023, respectively)
Total other assets
Other Assets
Entity Registrant Name
Entity Registrant Name
Material Terms of Trading Arrangement
Material Terms of Trading Arrangement [Text Block]
Award Timing Method
Award Timing Method [Text Block]
Other assets
Increase (Decrease) in Other Operating Assets
2025
Finite-Lived Intangible Asset, Expected Amortization, Year Two
Adjustment to Compensation, Amount
Adjustment to Compensation Amount
Maximum exposure to loss
Beneficial Interests , Maximum Loss Exposure
Beneficial Interests , Maximum Loss Exposure
Employee Severance
Employee Severance [Member]
Thereafter
Lessee, Operating Lease, Liability, to be Paid, after Year Four
Lessee, Operating Lease, Liability, to be Paid, after Year Four
Trailing fee liabilities
Trailing Fee Liabilities, Fair Value Disclosure
Trailing Fee Liabilities, Fair Value Disclosure
Document Period End Date
Document Period End Date
Purchase of loans held-for-sale
Payment for Purchase, Loan, Held-for-Sale
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Net Income [Text Block]
Thereafter
Finite-Lived Intangible Asset, Expected Amortization, after Year Four
Finite-Lived Intangible Asset, Expected Amortization, after Year Four
Sale of loans
Servicing Asset at Fair Value, Additions
Peer Group Issuers, Footnote
Peer Group Issuers, Footnote [Text Block]
Adoption Date
Trading Arrangement Adoption Date
Accumulated depreciation and amortization
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
Options exercisable, weighted average exercise price per share (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price
Obligation to Repurchase Loans
Obligation to Repurchase Receivables Sold [Member]
Entity Central Index Key
Entity Central Index Key
Amortization of debt issuance costs
Amortization of Debt Issuance Costs and Discounts
Prepaid expenses
Prepaid Expense
Liabilities
Liabilities, Fair Value Disclosure [Abstract]
Description of Business and Significant Accounting Policies
Basis of Presentation and Significant Accounting Policies [Text Block]
Fair value losses on beneficial interests
Changes in fair value recorded in earnings
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Gain (Loss) Included in Earnings
Stock-based compensation expense
Share-Based Payment Arrangement, Expense
Non-Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated [Flag]
Numerator:
Net Income (Loss) Available to Common Stockholders, Diluted [Abstract]
Loss Contingency Nature [Axis]
Loss Contingency Nature [Axis]
Gross carrying amount
Finite-Lived Intangible Assets, Gross
Loan Servicing Assets
Loan Servicing Assets [Member]
Loan Servicing Assets
Provision for income taxes
Income Tax Expense (Benefit)
Loan servicing liabilities
Fair value of loan servicing liabilities
Fair value, beginning balance
Fair value, ending balance
Loan servicing liabilities (at fair value)
Servicing Liability at Fair Value, Amount
Schedule of Servicing Liabilities at Fair Value Rollforward
Schedule of Servicing Liabilities at Fair Value [Table Text Block]
Cash and Restricted Cash
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations [Abstract]
Principal payments received for loans held-for-sale
Proceeds from Collection, Loan, Held-for-Sale
Valuation Approach and Technique [Domain]
Valuation Approach and Technique [Domain]
Fair Value Measurement
Fair Value Disclosures [Text Block]
Servicing Asset at Fair Value, Amount [Roll Forward]
Servicing Asset at Fair Value, Amount [Roll Forward]
Revenue Benchmark
Revenue Benchmark [Member]
Name
Trading Arrangement, Individual Name
Beneficial interests included in payable to investors
Issuance Of Beneficial Interests
Issuance Of Beneficial Interests
Schedule of Disaggregation of Revenue by Type of Service
Disaggregation of Revenue [Table Text Block]
Upstart-powered personal loans
Upstart-powered Personal Loans [Member]
Upstart-powered Personal Loans
Weighted-average remaining lease term (in years)
Operating Lease, Weighted Average Remaining Lease Term
Changes in fair value recorded in earnings
Servicing Asset At Fair Value, Gain (Loss) Included In Earnings
Servicing Asset At Fair Value, Gain (Loss) Included In Earnings
Revenue from fees, net
Revenue from Contract with Customer, Excluding Assessed Tax
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Long-term Debt, Type [Axis]
Long-Term Debt, Type [Axis]
Amendment Flag
Amendment Flag
Schedule of Employee Stock Purchase Plan Fair Value Assumptions
Schedule of Share-Based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
Shares withheld related to net share settlement of restricted stock units (in shares)
Share-Based Payment Arrangement, Shares Withheld for Tax Withholding Obligation
Weighted-average discount rate
Operating Lease, Weighted Average Discount Rate, Percent
Cash paid for interest
Interest Paid, Excluding Capitalized Interest, Operating Activities
Schedule of Aggregate Fair Value and Principal Outstanding of All Loans And Loans 90 Days or More Past Due
Financing Receivable, Past Due [Table Text Block]
Assets
Assets, Fair Value Disclosure [Abstract]
Credit Facility [Domain]
Credit Facility [Domain]
Securitizations and other
Securitizations [Member]
Securitizations
Expected prepayment rates
Expected Prepayment Rates [Abstract]
Expected Prepayment Rates
Basis spread on variable rate
Debt Instrument, Basis Spread on Variable Rate
Compensation Actually Paid vs. Other Measure
Compensation Actually Paid vs. Other Measure [Text Block]
Number of vesting tranches
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Number Of Vesting Tranches
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Number Of Vesting Tranches
Leasehold improvements
Leasehold Improvements [Member]
Proceeds from sale of loans held-for-sale
Proceeds from Sale, Loan, Held-for-Sale
Paul Gu, [Member]
Paul Gu,
Sales and marketing
Selling and Marketing Expense [Member]
Weighted-average number of shares outstanding used in computing net income (loss) per share, diluted (in shares)
Weighted-average common shares outstanding used to calculate net income (loss) per share, diluted (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Internally developed software
Software Development [Member]
Average effect on fair value of a 100 basis point increase in discount rates
Sensitivity Analysis of Fair Value, Assets, Impact of 100 Basis Point Increase In Discount Rates, Average
Sensitivity Analysis of Fair Value, Assets, Impact of 100 Basis Point Increase In Discount Rates, Average
Forgone Recovery, Explanation of Impracticability
Forgone Recovery, Explanation of Impracticability [Text Block]
Schedule of Gain (loss) on Loan Servicing Rights
Schedule Of Gain (Loss) On Loan Servicing Rights [Table Text Block]
Schedule Of Gain (Loss) On Loan Servicing Rights
Accrued expenses
Accrued Liabilities
Operating expenses:
Operating Expenses [Abstract]
Revenue
Revenue from Contract with Customer [Text Block]
Net gain related to loan servicing rights
Net Gain (Loss) Related To Loan Servicing Rights
Net Gain (Loss) Related To Loan Servicing Rights
Purchase of property and equipment
Payments to Acquire Property, Plant, and Equipment
Company Selected Measure Amount
Company Selected Measure Amount
Purchase of capped calls
Payments For Capped Calls
Payments For Capped Calls
Additional Paid-in Capital
Additional Paid-in Capital [Member]
Total assets
Assets
Assets
Name
Awards Close in Time to MNPI Disclosures, Individual Name
Loss Contingencies [Line Items]
Loss Contingencies [Line Items]
Cover [Abstract]
Sanjay Datta [Member]
Sanjay Datta
Maximum advance rate
Debt Instrument, Maximum Advance Rate, Percent Of Outstanding Principal Held
Debt Instrument, Maximum Advance Rate, Percent Of Outstanding Principal Held
Net proceeds from sale of the notes
Proceeds from Convertible Debt
Subsequent Events
Subsequent Events [Text Block]
Stock-based compensation expense
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
RSUs vested (in dollars per share)
Vested (in dollars per share)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value
Additions
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Additions
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Additions
Non-NEOs
Non-NEOs [Member]
Total undiscounted lease payments
Lessee, Operating Lease, Liability, to be Paid
Options cancelled and forfeited (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures and Expirations in Period
Purchases of loans
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases
One-time non-cash savings amount
Restructuring And Related Cost, One-Time Non-Cash Savings Amount
Restructuring And Related Cost, One-Time Non-Cash Savings Amount
Total operating expenses
Operating Expenses
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Change in cash and restricted cash
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Cash flows from financing activities
Net Cash Provided by (Used in) Financing Activities [Abstract]
Non-PEO NEO
Non-PEO NEO [Member]
Servicing Assets at Fair Value [Line Items]
Servicing Assets at Fair Value [Line Items]
Equity Component [Domain]
Equity Component [Domain]
Adjustment to Compensation:
Adjustment to Compensation [Axis]
ESPP purchase price of common stock, percent of market price
Share-Based Compensation Arrangement by Share-Based Payment Award, Purchase Price of Common Stock, Percent
Interest rate caps
Interest Rate Derivative Assets, at Fair Value
Non-GAAP Measure Description
Non-GAAP Measure Description [Text Block]
Weighted-average number of shares outstanding used in computing net income (loss) per share, basic (in shares)
Weighted-average common shares outstanding used to calculate net income (loss) per share, basic (in shares)
Weighted Average Number of Shares Outstanding, Basic
Entity Current Reporting Status
Entity Current Reporting Status
Concentration Risk Type [Domain]
Concentration Risk Type [Domain]
Income (loss) from operations
Operating Income (Loss)
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Axis]
Initial conversion price (in dollars per share)
Debt Instrument, Convertible, Capped Calls Initial Strike Price
Debt Instrument, Convertible, Capped Calls Initial Strike Price
Revenue:
Revenues [Abstract]
Initial cap price (in dollars per share)
Debt Instrument, Convertible, Capped Calls Initial Cap Price
Debt Instrument, Convertible, Capped Calls Initial Cap Price
Consolidated Entities [Domain]
Consolidated Entities [Domain]
Beneficial interests
Beneficial Interest, Asset, Fair Value
Beneficial Interest, Asset, Fair Value
Percent of the principal amount
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed
Derivative assets, measurement input
Beneficial Interests, Measurement Input
Beneficial Interests, Measurement Input
Interest cap rate
Derivative, Cap Interest Rate
Pay vs Performance Disclosure
Pay vs Performance Disclosure [Table]
Monthly unused fee (in percent)
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage
Statement [Line Items]
Statement [Line Items]
Options vested and expected to vest (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number
Weighted-Average Remaining Contractual Life (years)
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Schedule of Aggregate Principal Outstanding of All Debt
Schedule of Debt [Table Text Block]
Awards Close in Time to MNPI Disclosures
Awards Close in Time to MNPI Disclosures [Table]
Customer relationships
Customer Relationships [Member]
Type of Restructuring [Domain]
Type of Restructuring [Domain]
Capitalized internally developed software balances, net of accumulated amortization
Capitalized Computer Software, Net